15 Duke DrRancho MirageCA92270
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Rancho Mirage at 15 Duke Dr, Rancho Mirage, CA, 92270 listed at $999,000 pairs $8,048/mo rent with a $4,890/mo payment to leave $1,868/mo cash flow. Total monthly income runs $8,048/mo, and annual cash flow reaches $22,411/yr on $328,671 cash to close. Return on cash invested measures 26.88% in year one, and rental yield registers 9.67% at a $999,000 basis. Equity gained on principal adds $6,446/yr, and annual property appreciation at 5% supports $276,005 by year five. Five-year ROI tracks 140.18% and total cumulative return in cash totals $460,730. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $8,048/mo property income relative to a $4,890/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1980
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92270, Rancho Mirage, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,976 (100%) |
| Owner Occupied HU | 7,579 (50.6%) |
| Renter Occupied HU | 1,650 (11.0%) |
| Vacant Housing Units | 5,747 (38.4%) |
| Median Home Value | $829,985 |
| Average Home Value | $903,654 |
Housing Distribution
Address Breakdown
Residential
13,463
Single Family
11,994
Multi-Family
1,469
Businesses
995
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Listed by: C Muldoon Luxury Group • Equity Union
Mls Name: CRMLS
Mls ID: #219138983DA